Math Problem Statement
Sales tax is 6% of the price of an article. If the sales tax is $0.36, what is the price of the article? (round to the nearest hundredth)
Solution
Let the price of the article be . Since the sales tax is 6% of the price, we can express the sales tax as:
We are told that the sales tax is $0.36, so:
To solve for , divide both sides by 0.06:
Thus, the price of the article is $6.00.
Would you like more details on how the calculation was done, or do you have any questions?
Here are five related questions for practice:
- If the sales tax is 8% and the tax is $0.40, what is the price of the article?
- What would the sales tax be on an article priced at $50 with a 6% tax rate?
- If an article costs $10 and the sales tax is 5%, what is the total price including tax?
- The sales tax is 7% on an item, and the tax amount is $1.05. What is the price of the item?
- If an item is priced at $100 and has a 6% sales tax, how much will the customer pay in total?
Tip: When calculating percentages, convert the percentage to a decimal by dividing by 100 (e.g., 6% becomes 0.06).
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Math Problem Analysis
Mathematical Concepts
Percentages
Algebra
Sales Tax Calculation
Formulas
Sales Tax = Tax Rate × Price
Price = Sales Tax / Tax Rate
Theorems
-
Suitable Grade Level
Grades 6-8